Global liquidity hits $157T – But the crypto market remains cautious
The cryptocurrency market has been in one of its most bearish phases, as capital outflows continue to dominate, with several assets losing significant value.
Sellers have wiped out over $1.37 trillion in market capitalization over the last 79 days, and losses continue to mount.
The presence of isolated capital, however, has sparked new debates about the potential for a market rebound.
Isolated capital in the market
Global liquidity has risen significantly, reaching $147 trillion according to the latest reading.
The global financial system holds a total amount of money and credit, which investors and institutions can deploy into economic activity and financial markets.
Historically, this has been positive for risk assets such…
